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Can they put lien on your home to satisfy the remainder of an RV loan?


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Wiki User
2015-07-15 18:46:41
2015-07-15 18:46:41

YES, usually they garnishee your wages first.

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I assume you mean a lien on a home. If you own a home and you owe money, they have the ability to go to court, get a judgment and then place a lien on your home. If the home was used as collateral (for example your mortgage payment or home loan) then they would not need to get a judgment. It will not affect the homeowner until such time as they go to sell, in which case the money for the lien would come out of your proceeds before your receive them, or if you went to get a loan, they would want all leins satisfied out of the loan money and would do so before your received the remainder of the loan. The only kind of lien that can force sale is a defaulted mortgage (forclosure) or a tax lien.

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Yes. They can sue you and if they win they can request a judgment lien. They can use that judgment lien to seize any property you own to satisfy the debt.

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Yes. The lien created by using your home as security for a loan is called a mortgage.

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they will but only if you dont spell loan like lien....

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If there is a child support lien against you it must be paid before the bank will loan you money to buy a home.If there is a child support lien against you it must be paid before the bank will loan you money to buy a home.If there is a child support lien against you it must be paid before the bank will loan you money to buy a home.If there is a child support lien against you it must be paid before the bank will loan you money to buy a home.


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